Viewing a response to: @cloudspyder/re-hatu-pushing-decentralized-finance-with-peer-to-peer-lending-20190417t155611710z
You could also have a structure like Prosper.com and Lendingclub.com, and the investor only invests a small amount in each loan. That way the minority that default don't stop you from making a profit over all. Banks figured that out long ago that most people pay their debts back. Therefore, you invest in multiple loans at a high enough rate, and that high enough rate makes up for the defaults.
post_id | 73,269,884 |
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author | finnian |
permlink | re-cloudspyder-re-hatu-pushing-decentralized-finance-with-peer-to-peer-lending-20190417t175256662z |
category | blockchain |
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created | 2019-04-17 17:52:57 |
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root_title | "Pushing decentralized Finance with peer-to-peer lending." |
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